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Sat, Mar

Xeneta: Weekly Ocean Container Shipping Market Update

“Average spot rates are down this week across all main fronthaul trades out of the Far East. From Far East to US West Coast and US East Coast, it is a textbook
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Croatia to Allow Russian Oil to Hungary, Slovakia

Croatian pipeline operator JANAF must allow transit of Russian seaborne oil to Hungary and Slovakia, refiner MOL Group said on Friday, noting both countries have exemptions to EU sanctions on such imports.Hungary
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AKOFS Offshore Inks New Vessel Deal with Petrobras

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will
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One Dead After RoPax Fire Off Singapore

A fire onboard the Liberia-registered passenger vessel World Legacy while it was en route to Singapore has resulted in the death of one crew member.The incident occurred on February 20 at about
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LR Verifies Performance Assessment Methodology for Jet Sail

GT Wings has secured Lloyd’s Register (LR) verification of sea trials performance assessment methodology for its AirWing™ Jet Sail technology.The announcement follows some 10 months of commercial operation of a 20-metre AirWing™
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Hanwha Ocean Partners with Ontario Shipyards

Hanwha Ocean and Ontario Shipyards have signed a strategic Memorandum of Understanding (MoU) to accelerate the return of large-scale shipbuilding in Ontario and to strengthen Canada's ability to deliver future naval programs.In
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Mexico Navy Seizes Cocaine Carrying Submarine

The Mexican navy intercepted a submarine carrying up to four tons of cocaine along the Pacific Ocean off the country's West coast, Mexico's Seurity Minister Omar Garcia Harfuch said on Thursday."In the
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Denmark Holds Iran-flagged Vessel

Denmark's maritime authority said on Thursday it had detained and inspected an Iran-flagged container vessel anchored in the Nordic country's waters on the grounds that it was not properly registered.The ship, using
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